Costa Rica agrees new road deals

Loans worth US$200 million from the Inter-American Development Bank (IADB) will be used in Costa Rica for road projects.
February 15, 2012 Read time: 1 min
Loans worth US$200 million from the 2791 Inter-American Development Bank (IADB) will be used in Costa Rica for road projects. This has been approved by Costa Rica's Government. A full list of the road projects requiring investment has yet to be published. Meanwhile, the go-ahead has been given for a new road to San Carlos. This project will include work on the Sifon-Ciudad Quesada section. This contract has been granted by the national road council, 2538 Conavi, and construction company 2659 Constructora Sanchez Carvajal, and is worth $77.55 million. The company is expected to complete the works within 24 months.

For more information on companies in this article

Related Content

  • Another boost for Romania’s A3 Transylvania
    January 26, 2024
    The deal with the European Investment Bank is construction of a 42.3km section of the motorway between Nadaselu and Poarta Salajului.
    Read More
  • Alleviating Moscow's ring road congestion
    February 20, 2012
    The US$10.5 billion CKAD (Moscow Region Ring Road), being planned and procured under the direction of the Ministry of Transport of Russia, is just one of the roads highlighted at the Moscow Forum.
    Read More
  • FCC Corredor de las Playas wins Panama Inter-American Highway deal
    November 21, 2017
    The consortium FCC Corredor de las Playas I has won the contract to widen the first section of the Inter-American Highway. FCC Corredor de las Playas I consists of FCC Construcción and CICSA – the infrastructures and construction division of the Grupo Carso. The Inter-American Highway will be widened along nearly 38km to six lanes between La Chorrera and Santa Cruz in the province of Panama Oeste in Panama at a cost of around US$543 million, according to the consortium. The project includes enlarging the
    Read More
  • New northern highway link for Pakistan
    September 23, 2014
    Pakistan is planning a project to construct a new northern highway connecting Havelian and Hassanabdal. The loans required to finance the project have been signed by both the government of Pakistan and the Asian Development Bank (ADB). The Havelian-Hassanabdal (Burhan) Expressway (E-35) project is for a north-south access controlled highway. This new link will connect the existing highway network with north Pakistan and the associated construction contracts are worth some US$200 million in all.
    Read More

Highlighted Content